Oil Futures Fall for Third Day on Easing Supply Concerns
Oil prices declined for a third consecutive session as West Texas Intermediate slipped below $100. The market pullback follows a week of Houthi attacks threatening Saudi oil infrastructure and rattling world markets. Despite regional conflicts and supply concerns, prices continued downward as market dynamics shifted. Concurrently, sources reported that three pumping stations along the Saudi East-West Pipeline were hit in a recent attack, and Saudis told European refiners they would receive no crude next month.
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- ✓ Oil prices fell for a third day as WTI slipped below $100.
- ✓ Three pumping stations along the Saudi East-West Pipeline were hit in a recent attack.
- ✓ Saudis told European refiners they will get no crude next month.
What changed
Oil futures dropped for a third straight day as West Texas Intermediate fell below $100.
Live updates
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Oil Futures Fall for Third Day as WTI Slips Below $100
Oil prices declined for a third consecutive session as West Texas Intermediate slipped below $100. The market pullback follows a week of Houthi attacks threatening Saudi oil infrastructure and rattling world markets. Despite regional conflicts and supply concerns, prices continued downward as market dynamics shifted. Concurrently, sources reported that three pumping stations along the Saudi East-West Pipeline were hit in a recent attack, and Saudis told European refiners they would receive no crude next month.
Why it matters
Global energy markets face severe stress following a week of escalations involving Houthi attacks targeting Saudi oil assets. These disruptions have directly impacted major export pipelines and international shipments, including notifications to European refiners about zero crude allotments next month. The broader geopolitical fallout involves strategic waterways like Bab al-Mandeb.
What is confirmed
- Oil prices fell for a third day as WTI slipped below $100.
- Three pumping stations along the Saudi East-West Pipeline were hit in a recent attack.
- Saudis told European refiners they will get no crude next month.
Still unconfirmed
- Trump has abandoned Bab al-Mandeb to the Houthis.
What to watch next
- Developments regarding the security and operational status of the Saudi East-West Pipeline pumping stations
- Further announcements from Saudi officials regarding crude allocations to European refiners
- Price trajectories for West Texas Intermediate and global oil benchmarks
confidence 90%Sources used for this update (8)
- Al Jazeera — ‘They called us’: Has Trump abandoned Bab al-Mandeb to the Houthis?
- Reuters — Three pumping stations along Saudi East-West Pipeline were hit in recent attack, sources say
- apnews.com — What to know after a week of Houthi attacks that threaten Saudi oil and have rattled world markets
- WSJ — Oil Prices Fall for Third Day as WTI Slips Below $100
- The Nation — A Spreading War Rattles Global Energy Markets
- Bloomberg.com — Saudis Tell European Refiners They’ll Get No Crude Next Month
- note.com — US Market Report September 19, 2026
- english.aawsat.com — IMF: AI Could Boost EU Growth But Increase Economic Strains
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